If you have already climbed to the executive numbers of the business world, you may be considering an executive MBA program to take your career even further. This accelerated form of MBA training is earmarked exclusively for professionals who have already found gainful employment and achieved a considerable amount of work experience. The problem is you may not know for sure that achieving this advanced degree will help further your career.
If you are stuck in a moment of indecisiveness, look at this quick explanation of the pros and cons of going through an executive MBA program. By the end, you will have a better idea of whether the degree fits your own career needs.
Executive MBA Pros
The biggest pro to going through an executive MBA program is the attention that it will enable you to get from your employer. It is not uncommon for professionals to push themselves far ahead of their biggest competitors simply by obtaining this degree on their own goal. Some employers are now requiring professionals to get their executive MBA, but when you come out and willingly sign up without the requirement, mba you show your boss your dedication to being perfect manager. It can easily be what pushes you to another location level of your corporate career.
Of course, you also come out a much better leader with superior skills to those who have not undertaken the executive MBA. This will continue to impress your superiors on a daily basis, even with the impression of your drive and goal wear away.
Hence, your likelihood of finding a salary rise, bigger office with a better view, or a brand new title on the exterior of the door increase drastically when you get your executive MBA. Your resume will appear better than ever and you will have less to worry about in terms of layoffs and future periods of being out of work.
The executive MBA program is designed exclusively for working professionals and plenty of the work is done while face to face. This means you have much less class time than you would have in a standard MBA program. This means you don’t have to waste a lot of time taking lower level, starting, or unrelated coursework. You get directly to the key stuff that you need to advance your career.
There are also some abridged programs that allow you to get your degree in very little time. It doesn’t get to take a year if you invest yourself in one of these accelerated programs. This makes a lot of the cons noted below more acceptable. You don’t have to endure them for long and the payoffs are worthwhile.
Executive MBA Cons
The biggest con to going through an executive MBA program is the time that it steals away from your private life. If you have a family, you will not see them very often while studying for this degree. You will have a lot of work to do whilst in the office and then on the weekend you are likely to be fulfilling required class room time for your degree. The program doesn’t leave a lot of time to yourself for interests, family and intimate relationships.
If you are focused on this, consider talking with your employer about possible changes in your work duties while studying. Some employers see the value of this degree and will brighten the stress for students.
The expense of the program can also be a con, but many employers will pay some or all of the tuition fees.